China-based PV manufacturer and the largest PV system integrator, TBEA SunOasis has signed a number of new framework agreements in China totalling 1.27GW.
Shipments of PV modules for use in large-scale projects in Japan rose by 45% in the first quarter of the 2014 Japanese financial year, according to figures released this morning.
Although a measured capacity expansion phase is already underway, increased sales have been cited by two vision inspection systems suppliers to the PV manufacturing sector.
Xiaofeng Peng the founder and chairman of insolvent Cayman Islands registered LDK Solar has resigned his position at the company including any director roles.
Norwegian PV developer Scatec Solar and the country’s overseas development finance body, Norfund, have agreed to jointly invest in solar projects in developing countries.
A Kyocera joint venture (JV) is preparing to build a 2.9MW PV power station in Japan that floats on water, claimed to be the largest such plant in the world to date.
Clean energy fund manager Glennmont Partners has raised €500 million (US$657 million). The fund, Glennmont’s second, exceeded its €450 million target.
Shunfeng Photovoltaic, the owner of module maker Suntech, has purchased insolvent German project developer SAG Solarstrom for €65 million (US$85.4 million).
Coupled to a much improved supply/demand dynamic major polysilicon producer, GCL-Poly reported strong first half year results, benefiting from high-utilisation rates and stable pricing.
Fluor Corporation, has announced the completion of a 170MW solar plant.
Etrion Corporation (Geneva, Switzerland) and Hitachi High-Technologies Corporation (Tokyo, Japan), a subsidiary of Hitachi Ltd., on September 1st, 2014 announced the planned construction of solar photovoltaic (PV) plants totalling 34 megawatts (MW) in Japan with financing arranged by Sumitomo Mitsui Trust Bank, Limited.
Japan is one of the largest solar PV markets in the world with over 14 gigawatts (GW) of cumulated installed capacity with a national solar power target of 28 GW by 2020.
Independent Solar Power Producer (IPP) Sonnedix BV (Amsterdam, The Netherlands) announced the closing of financing for the construction and operation of two solar photovoltaic (PV) power stations totaling 4.5 megawatts (MW) of generating capacity near Hokuto City, in the northwestern region of Yamanashi Prefecture, Japan.
The financing was provided by Hitachi Capital Corporation under a lease structure and the construction and future operation will be performed by Hitachi Systems, Sonnedix announced.
Glennmont Partners (London, UK), one of Europe’s largest fund managers focusing exclusively on investment in clean energy infrastructure, has successfully closed its second fund, Clean Energy Fund II, having raised EUR 500 million, the maximum amount permitted, exceeding its target of EUR 450 million, the company announces.
Glennmont was founded last year as a spin-off from BNP Paribas Investment Partners. It manages long-term capital to invest in alternative power generation projects focusing on proven technologies such as wind, biomass, solar and small-scale hydro across the UK and continental Europe. Glennmont’s first fund has operating infrastructure projects in the UK, Ireland, France, Italy and Portugal totalling 354 MW collectively.
Telangana, the newest Indian state, has released a Request for Solicitation (RfS) for selection of 500 MW of solar photovoltaic (PV) projects, RESolve Energy Consultants (Chennai, India), reports.
This move follows less than 2 weeks after Andhra Pradesh invited bidders to take part in the allocation of 500 MW of solar projects.
Concentrating Solar Power (CSP) technology based on parabolic trough solar collectors for large-scale electricity generation is currently one of the most mature CSP designs in terms of previous operation experience, scientific and technical research and development.
The stack of layers, used in solar absorber tubes is a combination of coatings with different compositions and thickness. The global performance depends on the nanometric properties of the entire stack. Some analysis have unveiled that during the working life, the solar absorber tubes suffer an ageing process, which reduces the global performance. NECSO, a European Commission project funded under the 7th Framework Programme, aims to design accelerated ageing protocols to test the evolution of the coatings during the entire receiver’s life.
HelioSage Energy (Charlottesville, Va., US), a national developer of utility-scale solar photovoltaic (PV) projects, has announced the sale of a 77 MWdc/60 MWac portfolio of development-stage solar PV facilities in North Carolina.
The portfolio is comprised of 12 ground-mounted solar PV projects sited in eastern North Carolina. Once constructed, the projects will sell power under a Power Purchase Agreement (PPA) with either Duke Energy-Progress or the North Carolina Eastern Municipal Power Agency (NCEMPA), HelioSage Energy notes.
Integrated solar power producer Scatec Solar (Oslo, Norway) has signed a partnership agreement with Norfund, the Norwegian Investment Fund for Developing Countries, to jointly invest in solar photovoltaic (PV) projects to be developed in all countries within Norfund's mandate.
Scatec Solar and Norfund have been partners in the realization of four solar PV projects in Africa totaling 200 MW (three in South Africa and one in Rwanda) and the agreement signed is a formal confirmation of an existing, fruitful partnership.
LDK Solar Co., Ltd. (Xinyu City, China) in provisional liquidation and its Joint Provisional Liquidators Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, on August 29th, 2014 announced that the vertically integrated manufacturer of solar photovoltaic (PV) products has filed the petition commencing its restructuring proceedings in the Grand Court of the Cayman Islands.
The Company also announced that it has accepted the resignation of Xiaofeng Peng as Chairman and as a Director of the Company effective immediately.
Trina Solar Limited (Changzhou, China) on August 29th, 2014 announced that it held its 2014 annual general meeting of shareholders on August 28th, 2014. Each of the proposals submitted for shareholder approval was approved, the company notes.
Specifically, the shareholders approved the re-election of Jifan GAO as a director of the Company, and the re-election of Mr. Li Ping QIU as a director of the Company.
S.A.G. Solarstrom AG (Freiburg, Germany, under insolvency proceedings) on August 30th, 2014 concluded a contract for the acquisition of operative business operations of the S.A.G. Group, including all assets, with SF Suntech Deutschland GmbH, a subsidiary of Shunfeng Photovoltaic International Ltd. (Changzhou, China).
The purchase price is EURO 65 million S.A.G. Solarstrom AG announced. As part of a transferred reorganization scheme, the transaction will enable the operative business of the S.A.G. Solarstrom Group, together with all its business areas, to be continued and the further European activities of Shunfeng to be bundled.